Related by context. Frequent words. (Click for all words.) 37 fiduciary responsibility 36 CalPERS 35 CalSTRS 34 trustees 34 Calpers 33 fiduciary 33 recuse themselves 33 fiduciary responsibilities 32 trustee 30 fiduciary duty 29 maximize shareholder 29 stewardship 29 Fiduciary 29 fiduciary duties 28 board 28 Teachers Retirement System 28 shareowners 28 fiduciaries 28 PERS 28 fiscally sound 28 PERA 27 Trustee 27 Ethics Commission 27 bylaws 27 fiscally prudent 26 residency requirement 25 fiscally responsible 25 Open Meetings 25 Retirement System 25 acted appropriately 25 micromanaging 25 directors 24 Employees Retirement System 24 intrinsic value 24 retirement nest egg 24 finances 24 trust 24 Common Retirement 22 corporate governance 22 due diligence 22 prudently 22 impropriety 21 unfunded liability 21 socially responsible 21 ethics 21 above reproach 21 ERISA 21 prudent 20 solvency 19 undue influence 19 oversight 19 responsibilities 18 discretion 18 mismanaged 18 contractual agreements 18 obligations 18 confidentiality 18 prudence 17 taxpayer 17 fairness 17 contractual obligations 17 taxpayers 17 unethical behavior 16 statutory 16 interests 16 auditors 16 ethical 16 accountability 15 integrity 15 quasi judicial 15 taxpaying 15 impartiality 15 unfunded liabilities 15 transparency 15 governance 14 ethically 14 nondisclosure 14 contractual obligation 13 legally obligated 12 obligation 12 accountable 11 obligated 11 taxpayer dollars 10 moral compass 10 indemnified 10 responsibility 10 objectivity 10 vested interest 9 shortchanging 9 value proposition 9 prerogative 9 act responsibly 8 answerable 8 moral obligation 7 moral imperative 7 negligent 6 blatant disregard 5 entrusted 4 responsibilty 3 behooves 1 responsiblity